This commission was created to provide City Council with advice concerning the proposed "Navy Hill" development in Richmond, Virginia. The following information is available:
* Final Report (December 23, 2019).
* Public meeting schedule: The commission has completed its work, and presented its final report to City Council on January 6, 2020. Click here for an audio recording of that meeting.
* List of our members with applications and resumes.
* Audio recordings: December 22nd final meeting; December 19th public hearing; December 18th public hearing; December 17th public hearing; December 16th public hearing; December 14th meeting on school funding; December 7th meeting on Navy Hill project; December 4th meeting on affordable housing; November 16th meeting on arena demand and synergy, November 2nd meeting on draft risk matrix; October 19th meeting on commission financial model; October 5th meeting on Navy Hill ordinances; and August 30th organizational meeting.
* Minutes (with written public comments): December 22nd final meeting; December 19th public hearing, December 18th public hearing; December 17th public hearing; December 16th public hearing; December 14th meeting; December 7th meeting; December 4th meeting; November 16th meeting; November 2nd meeting; October 19th meeting; October 5th meeting; and August 30th organizational meeting.
* Information received by the commission: (#1
to #7 received on December 22nd) #1:
Summary of Downtown Retail Opportunity at Navy Hill
(Cushman & Wakefield / Thalhimer); #2:
Navy Hill Condo (One South Realty); #3:
Overview of Rental Apartment Project Feasibility at Navy
Hill (Noell Consulting Group); #4:
Hotel Overview (Benchmark Hospitality); #5:
Richmond Office Market Overview (Colliers); #6:
Greater Richmond Partnership – Strategic Insights from
Leading Site Selectors (Ady – Advantage Strategic
Partners); #7:
Colliers Memo about the Navy Hill proposal; December
20th City Administration Response to John Gerner
Requesting Documentation (with email messages); Navy
Hill Commission Questions Responses Submitted December
17, 2019; Information
concerning locating GRTC transfer station within Navy
Hill; Sections
10.3 and 10.4 of the Development Agreement – Minority
Business Enterprise and Emerging Small Business
Participation, Compliance Monitoring and Reporting;
December
11th Responses to Navy Hill Commission
Questions; MuniCap
27-A projections (received on December 6th); December
5th Michael Hallmark’s rebuttal to Rich Meagher’s
presentation; November
21st Responses to Questions / Requests From NH Advisory
Commission Chair; November
19th worksheet of Navy Hill rehabs; November
19th five-year worksheet of Navy Hill taxable parcels;
November
19th Suzanne Long's notes on November 15th lawyer
meeting; Michael
Schewel's notes on November 11th lawyer meeting; Michael
Schewel's comments on November 2nd draft risk matrix
presentation; John
Gerner’s comments on Davenport November 2nd presentation;
Michael
Schewel's article on non-recourse project financing;
October
23rd NH District Corp's Correction of the Record;
October
19th Responses to Commission’s Questions/Requests for
Information; October
18th increment financing area parcels worksheet; and
MuniCap
Tax Increment Financing Projections - Draft Projection
No. 26 Values (Citi Debt Service).
* Presentation Slides and Documents: December 14th City Administration presentation on potential impact of Navy Hill project on school funding; planned December 14th Davenport presentation on credit rating / debt capacity implications of the Navy Hill project; December 14th John Gerner presentation on financial model update; December 7th City Administration presentation with an overview of the Navy Hill Project; December 7th Orrick presentation on protections and risk matrix response; December 7th Better Housing Coalition presentation on affordable housing; planned December 7th Citigroup presentation on bond financing; planned December 7th MuniCap presentation on Navy Hill revenue projections; December 4th Benjamin Teresa presentation on affordable housing; December 4th Steve Fischbach presentation on Navy Hill and Public Housing Redevelopment; December 4th Corey D. B. Walker presentation on Navy Hill Process; December 4th John Gerner presentation with current major questions related to the commission financial model, November 16th Michael Hallmark presentation slides on arena demand and synergy (low-res, high-res); November 16th Rich Meagher presentation slides on arena demand and synergy; November 2nd Pierce Homer presentation slides on draft risk matrix; November 2nd Davenport presentation; October 19th John Gerner presentation slides on commission financial model; October 5th City Administration presentation about the Navy Hill ordinances; 2018 Hunden report; 2018 HR&A’s Downtown Richmond market analysis; 2018 CSL arena feasibility study; 2011 Barrett Sports Group arena feasibility study (Volume 1, Volume 2, Volume 3); and other documents about the Navy Hill project.
* FOIA Request Documents: December 20th request concerning commission member correspondence with City Council member Kim Gray, Commission Chair Pierce Homer, and Commission Vice Chair John Gerner; December 14th request concerning commission member correspondence with members of the Stoney administration, members of the City Council or affiliates of the NH District Corp; December 14th request concerning commission member correspondence with James ‘J.J.’ Minor; November 20th request concerning commission member correspondence with Paul Goldman, Jeremy Lazarus, and Joseph "Joe" Morrissey; October 11th request concerning Dr. Lucas' appointment.
* John Gerner's Financial Model: Version
prepared for commission.
* City Council Navy Hill Development Proposal Work Sessions: December 2 (audio, documents); November 25 (audio, documents); November 4 (audio, documents); October 28 (audio, documents); October 14 (audio, documents); October 7 (audio, documents); and September 23 (audio, documents).
* Navy Hill Ordinances and Resolution: Download the City Council ordinance creating the commission.